Multibill of prior actions set to go to Parliament in next few days

The omnibus bill the government is preparing to cover the prior actions required for the second bailout review is in its final stage of drafting and will include tax exemption cuts and abolitions.

Sources say it will be submitted to Parliament in the next few days and will include the abolition of the 1.5 percent reduction on income tax withheld at source from salaries, a reduction in the exemption of medical expenditure, a change in the taxation of seafarers and a 155-million-euro reduction in the heating oil benefit from 2018.

The bill is also understood to include clauses on taxing the so-called "shadow hospitality" sector (including those who rent out apartments on Airbnb and other peer-to-peer home sharing sites), as well as measures regarding electronic transactions (via credit and debit cards and on the internet) and the voluntary declaration of hidden incomes.<...